Let's keep this simple,
Your pick for the share/shares which are most likely to gain 2020/2021.
Please state low/med/high risk, and why it's your pick.
Thank you
P.S. it's important to do your own research.
Feel free to post links to any valuable information.
BBOZ, low
Bitcoin - low risk
BBUS BBN BHP
Exactly, I really wanted to keep it simple. I'll have a dig tho!
To answer your question though, most stocks are quite risky given the market volatility, with most people just speculating and trying to time the market. One of the safer options is to invest in some consumer staples - basically stocks in companies that should continue to function relatively normally through the rest of this pandemic. I was partly prepared for a market drop a few months ago and one of my investments was in the iShares Global Consumer Staples ETF (ASX:IXI) and I've only lost 6.7% which is pretty good considering market conditions. Another relatively safe option is holding a combination of PMGOLD and cash/fixed interest ETF. The former has already gone up a fair bit, but some reckon there's more to come. I like the combo for its simplicity and a hedge against inflation given the quantitative easing going on.
If you've got brass balls, take a crack at Afterpay (ASX:APT). Recently, it's been going up and down by over 10% each day so you can make/lose a quick buck.
If you've got brass balls, take a crack at Afterpay (ASX:APT). Recently, it's been going up and down by over 10% each day so you can make/lose a quick buck.
Woah, up 33% today!
@John Kimble: Well, it almost dropped to $8 a couple of days ago and now it's pushing towards $15. Have fun, if you dare :-)
@kahn: Man, should have bought at $8!
Never bought a share in my life…but just opened a Commsec account now! I'll likely be at Centrelink within a few weeks… :p
@John Kimble: Heh, it's impossible to time these things, so there's not much point regretting missed opportunities. I managed to stem some of my ongoing loss with APT by buying a fair chunk at $8.56 and bravely setting a sell instruction at $10.10 at a time when the Whirlpool forum thread was full of doom and gloom. It seemed like such a ballsy move at the time, and yet, it's now almost $15. It's worse than gambling at the casino!
It's worse than gambling at the casino!
Least you're not playing against the house that always wins…but I world be foolish to think I will be able to get rich from shares anytime soon with zero experience…
@John Kimble: I would suggest lots of caution for the next couple of months at least. To give you some indication of how bad it can get, here are the 12-month returns for the users of the SelfWealth trading platform.
Top 1% = +24.69%
Top 10% = -00.23%
Top 20% = -04.65%
Top 30% = -08.55%
Top 40% = -10.39%
Top 50% = -13.44%
There's also something interesting I just discovered - Selfwealth is reporting that the market went up 5.5% today, my portfolio dropped 0.2% and yet my comparative ranking increased slightly against others in Selfwealth. That means most people lost more than 0.2% today while the market posted a strong gain. To me, that suggests that most people are either betting against the market (with something like BBOZ) or they've been making bad trades during the day.
@kahn: Yes, I'll be very cautious. I've just realised the minimum trade is $500, which is pushing it for me as a beginner, tightass and someone with minimal savings.
So I might start with this Commsec Pocket thing a friend suggested. Minimum $50! Haha
@John Kimble: Be mindful that brokerage often has a minimum fee, so that will represent a bigger chunk of smaller trade amounts. Make sure you are aware of their fees and good luck!
@kahn: Yep, acknowledged. Who knows, I might chicken out and not buy anything as I have my whole life…
@John Kimble: Just FYI a few brokers have practise/demo accounts that allow you to try out trading without any real money. E.g. https://www.ig.com/au/demo-account (note I am not advocating for IG markets, it was the first example I found in a web search)
As mentioned by others, actual trading with small amounts of money will result in the fees eating up a large portion of your capital
@John Kimble: Haha, I just noticed your comment. I did the ASX game in economics class as well and won actual cash from it many moons ago. The prizes were better back then for some reason.
$500, which is pushing it for me as a beginner, tightass and someone with minimal savings.
Do not invest any amount of money.
Seriously man save first until you have emergency fund (3-6 months living expenses) before you even consider investing.
Funeral homes might have a bumper season
Yep. IVO.asx
Nuh. Not allowed to have big funerals now. Cheapo, no frills affairs will be de rigueur.
Find companies that have high debt. You will find them in the "lost 80% of pre-crisis value list".
If they manage to hang on, they will regain half their pre-crisis level quickly. If they don't, you'll lose everything.
Find companies that have high debt. You will find them in the "lost 80% of pre-crisis value list".
So basically all bank and financial stocks?
Any of the big 4 banks
Buy then now and stick them in your bottom draw - current grossed up divvies will pay off the capital outlay in about 7 years
yes they're a 7 year stock indeed…. Banks are going to have a few tough years coming up, and will take a while to climb.
I forgot to offload my bank stocks in time, so its they're on the roller coaster ride.
Question is will they still be paying the dividend?
weren't they already stagnating and not paying dividends before the corona virus?
Still paying good dividends.
Qan
…only if you plan on holding for at least 5 years
CSL
REA
DDR
Is that a find-a-word puzzle? I think I found it - led.
CRADLERS
I'm thinking of buying BBOZ using 20% of my super.
Can you?
My super is under 'super wrap' account so yes I can. But because of the leverage if the ETF, I decided not to.
Biotech stock that stops corona virus
You can do it…. please do it yourself
Why would people share information on stocks they think will do great? Have little understanding of the share market but wouldn't it better to keep information to yourself? Is there any benifit in other people buying/believing in the stocks that you think will do great?
Yes, if I have holdings in a stock like Cash Converters (CCV) and I want to create more demand and drive the price up, I would recommend it to others. The more demand there is to buy the stock, the more they will pay for it and sellers will adjust their expectations accordingly. I guess what I'm saying is: buy CCV shares :-P
Because generally you're talking about safe shares, and you think someone buying 5k shares vs people out there buying 1 million shares is going to affect your call? Seriously? 🤣🤣🤣
It's called being part of a community, this is a sharing community otherwise why would anyone post any deal? It's nice to help people, chances are you've already bought in the stock you're calling out too.
Peace
Umm, I think there is a fundamental misunderstanding here. Sharing a bargain for an item at a store is very different to sharing a hot tip on the ASX.
Two reasons that come to mind:
Edit: Furthermore, the value of an item is usually the utility you will receive from it, whereas the value of a share is usually what you think you will be able to sell it for in the future plus dividends. You're also buying shares from others in your community, so your bargain is usually their loss. That's not exactly sharing the love :-P
@kahn: That's why I mention to do your own research.
If that's how you go about life, that's fine but chances are no one will ever help you or give you an opportunity. I'm surrounded by people who constantly give me business opportunities, mainly because they need funds or partial funds. Either way, even AirBnB was looking for investors once apon a time and was plenty rejected.
I don't think the Ozbargain trading community is that heavily invested to make a difference from other investors on here, just my opinion. I believe anyone seriously looking to buy in, will look at alot of information and other forums to collectively make a decision plus the actual data.
If you would like to comment or help feel free. If not, simply don't worry about it. :)
wouldn't it better to keep information to yourself?
It’s actually the opposite. After you have bought a particular companies shares, the more people buy them the more the price gets jacked up. Shares don't "run out of stock" like our bargains, they just keep going up in price if there are more buyers than sellers (and vice versa)
I thought there is cap on stocks or finite number of stocks. they only way you can buy stocks is if someone is selling them?
Yes, but there is virtually always someone selling (at least for large/ASX 200 companies), just at different price points. So when demand goes up, the people who are willing to sell at the lower prices have their orders fulfilled, and the price goes up until buyers are no longer willing to pay the higher prices.
The actual "share price" you see quoted is actually when buyers are no longer willing to pay what the lowest seller is offering (and vice versa), and there are open orders on either side of this price.
Holden. They'll need to manufacture stuff in Australia again, right? ;-)
Pact Group
ASX: PGH
They are manufacturing hand sanitiser, and the share price is at a multi year low. DYOR
Yes you were right 😂
I started my research and once recovery starts I am going to pick US+Chinese shares in:
Unfortunately there will be no Australian shares in my portfolio :(
You think the drop a couple of weeks ago and then the recovery was a good buy? Was almost a day trade move…
Just wait until the arse end drops out of various companies because they literally have no customers/income. If they have solid management and a decent recovery plan then that will be the time to buy. I'm waiting until then!
When are you proposing this takes place? I've been following a few on the ASX and it seems like the drop 'a couple of weeks ago' at that time was a great buy…
Any idea when this 'arse end' is dropping?
Looking to invest!
I like MOE at these prices…